DVP.AX
Price:
$4.18
Market Cap:
$1.38B
Develop Global Limited, together with its subsidiaries, engages in the exploration and development of mineral resource properties in Australia. It primarily explores for copper, zinc, lead, silver, and gold deposits. The company's flagship project is the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves deposits and tenements located to the south east of Port Hedland. The company was formerly known as Venturex Resources Limited and changed its name to Develop Global Limited in October 2021. Develop Global Limited was incorporated in 2006 and is based in West Leederville, Australia.
Industry
Industrial Materials
IPO Date
2007-04-27
Stock Exchange
ASX
Ticker
DVP.AX
According to Develop Global Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.63. This represents a change of 44.39% compared to the average of 1.82 of the last 4 quarters.
The mean historical Current Ratio of Develop Global Limited over the last ten years is 2.11. The current 2.63 Current Ratio has changed 12.39% with respect to the historical average. Over the past ten years (40 quarters), DVP.AX's Current Ratio was at its highest in in the December 2017 quarter at 7.19. The Current Ratio was at its lowest in in the December 2007 quarter at 0.
Average
2.11
Median
1.93
Minimum
0.88
Maximum
4.24
Discovering the peaks and valleys of Develop Global Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 186.14%
Maximum Annual Current Ratio = 4.24
Minimum Annual Increase = -77.74%
Minimum Annual Current Ratio = 0.88
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.63 | 117.06% |
| 2024 | 1.21 | 28.67% |
| 2023 | 0.94 | -77.74% |
| 2022 | 4.24 | 67.36% |
| 2021 | 2.53 | 186.14% |
| 2020 | 0.88 | -73.94% |
| 2019 | 3.39 | 52.75% |
| 2018 | 2.22 | 35.43% |
| 2017 | 1.64 | 19.03% |
| 2016 | 1.38 | -38.14% |
The current Current Ratio of Develop Global Limited (DVP.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.60
5-year avg
2.31
10-year avg
2.11
Develop Global Limited’s Current Ratio is greater than Macmahon Holdings Limited (1.16), greater than BCI Minerals Limited (2.36), less than FireFly Metals Ltd (8.43), less than Metals X Limited (7.50), less than Alpha HPA Limited (2.66), less than Boss Energy Limited (9.73), greater than Elevra Lithium Limited (1.38), greater than Kingsgate Consolidated Limited (1.29), greater than Jupiter Mines Limited (1.73), less than WA1 Resources Ltd (17.23),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.16 | $1.29B | |
| 2.36 | $1.10B | |
| 8.43 | $1.26B | |
| 7.50 | $904.12M | |
| 2.66 | $779.29M | |
| 9.73 | $647.28M | |
| 1.38 | $1.14B | |
| 1.29 | $1.28B | |
| 1.73 | $520.67M | |
| 17.23 | $1.33B |
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